Monetary units
Updated: 12/18/2019
Monetary units
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Storyboard Text

  • (commodity money)
  • This left behind coin currency
  • The U.S. issues continental currency, known as the dollar bill.
  • April 2, 1792
  • (Fiat money)
  • As a common currency, fiat money is used to purchase, save, and access ability for capital through the banking system
  • Dollar currency creates a variety of financial institutions
  • Items that act as a medium of exchange,(representative money) can be traded such as gold, silver, tobacco...etc
  • Investment firms and brokers fill the workplace to keep the economy stable.
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